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jenmarshalls
New Member

I'm just under the requirements to claim EIC, however I only get $11.00 and I don't really want $11.00 to hold up my return for weeks. Is there a way to waive EIC?

 
3 Replies
xmasbaby0
Level 15

I'm just under the requirements to claim EIC, however I only get $11.00 and I don't really want $11.00 to hold up my return for weeks. Is there a way to waive EIC?

Sorry.  If you get EIC it is added to your refund automatically,  That means you are subject to the PATH act.  Refunds that include EIC or the additional child tax credit cannot be issued until mid-February, so at best you will get your refund end of February /early March.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
jenmarshalls
New Member

I'm just under the requirements to claim EIC, however I only get $11.00 and I don't really want $11.00 to hold up my return for weeks. Is there a way to waive EIC?

UGH, you should be able to choose whether or not you want to take the credit :( Ridiculous...Thanks for your response!

macuser_22
Level 15

I'm just under the requirements to claim EIC, however I only get $11.00 and I don't really want $11.00 to hold up my return for weeks. Is there a way to waive EIC?


@jenmarshalls wrote:

UGH, you should be able to choose whether or not you want to take the credit :( Ridiculous...Thanks for your response!


Well, you can always check a box that disqualifies you for the EIC, but then your tax return would not be a true and accurate tax return and might itself delay the tax return .   In addition, if you qualify for EIC and fail to take it (usually on a paper return) the IRS will automatically add it for you.  That is why there is not op-out option - the IRS dose not have one and TurboTax must follow the IRS guidelines.

 

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**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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